♦️The Democratization of Betting
How Azuro creates a safer and fairer betting experience
Today's Highlights
- Azuro - innovating the betting experience
- Learn - a couple of courses to further your knowledge in crypto.
- In Other News - a few interesting developments we're tracking.
Azuro - innovating the betting experience
Blockchain makes the process of betting for players safer, more transparent and even fairer. Traditional online casinos and gaming sites are often accused of foul play, with allegations of odds fixing, limiting successful players and unfair bet settlement. The blockchain automates all of these activities as well as the process of timely payouts. Imported data cannot be tampered with, once it’s on the blockchain it’s practically impossible to mess with the code. As the blockchain is decentralized, all of the user’s activity and personal data appearing on the blocks is reconciled across thousands of nodes globally.
Azuro is a decentralized betting protocol that is governed by a DAO. This Decentralized Autonomous Organization automates decisions and facilitates cryptocurrency transactions, ensuring fairness and safety. The DAO, as an automated code, eliminates the interference of humans and makes it impossible to manipulate odds, and gaming data. Using the DAO means that bettors can send their funds anonymously and the bettors are provided with gaming tokens to use across the Azuro ecosystem.
Azuro’s native token gives users the ability to take part in the future vision of the project, via governance rights. It also protects the user’s deposits against fraud and match fixing. Users can place bets with the token and bring liquidity for passive income. Smart contracts are deployed for the entire cash flow process. This ensures that fund transfers and payouts are trustless, transparent and highly objective between all relevant parties.
Casinos and bookmakers can bridge with Azuro and offer this front end to their own players, while taking advantage of the enhanced liquidity, DAO protection and cash flow routing automation that Azuro brings.
Paruyr Shahbazyan is the CEO of Azuro. Azuro has raised a total of $7.5M in funding.
📚 Learn
|
Matei Olaru
|
|
Preethi Kasireddy
|
In Other News
Jack Schickler
William Suberg